An interesting article. It's about graphene but we are...

An interesting article. It's about graphene but we are mentioned. Gives a great illustration of the definition of 'speculative stock'. Graphene is all the rage, take a look at the SP of the others (highs and lows) and compare that to how much they are actually selling. EDE sounds great in the write up but we are valued not by potential but purely by receipts. Oh Mr Market, you are a fickle devil.

Some investors lose patience waiting for “next big thing” breakthroughs. The time between concept and commercialisation to generate substantial returns on stock market investments in companies involved with the reportedly revolutionary capabilities of the breakthrough and seem an eternity.

Eden Innovations (EDE) posted revenues of $2.3 million in FY 2019, up from $1.3 million in FY 2018 but has yet to show a profit.
The company’s principal product is EdenCrete®, a carbon nanotube enriched admixture for concrete. Carbon nanotubes (CNTs) are cylindrical molecules made up of sheets of graphene. Sales of EdenCrete® were up 127% year over year with the product in use in the US States of Georgia, New York, and Colorado, with sales approval in the state of Texas pending. EdenCrete® is also approved in Alaska, Arkansas, Mississippi, North Carolina, Oregon, South Carolina, Tennessee, Virginia and West Virginia.
The company has trials of EdenCrete® underway here in Australia and in Korea, India, and Europe.

Eden Innovations also markets OptiBlend™, a fuel control valve allowing existing diesel-powered generators to run on natural gas or other alternative fuels. The company is collaborating with the University of Queensland to develop a carbon nanotube for use in plastics called EdenPlast™.
The company has two other potential products under development. Hythane™ blends hydrogen and natural gas and hydrogen to reduce both cost and emissions.
mce-anchorThe Pyrolysis Project is a method of producing carbon dioxide free Carbon Nanotube, Carbon Nanofibre , and Hydrogen from Natural Gas. The resulting products and stronger than steel and superior conductors of electricity. The process has been commercialised at an Eden facility in Colorado.
The Eden share price got a boost in mid-July following positive announcements of further US approvals, the first sales in Australia, and the commencement of marketing in India.

https://thebull.com.au/graphene-additives-making-their-mark/